punters,i have added up all the metals with the new merger and used current 15 month forward prices from www.metalprices.com and found the following:
metal tonnage 15 month price total copper 195000 $7,680.00 $1,497,600,000.00 zinc 743000 $1,873.00 $1,391,639,000.00 lead 74000 $1,935.00 $143,190,000.00 gold 260000 $950.00 $247,000,000.00 silver 10500000 $19.00 $199,500,000.00 $3,478,929,000.00
not sure if my interpretation is 100% accurate however the $$$ value totals close to $3.5billion in production over the next year or so. The current market cap is close to $6billion with $1.5billion in cash...once again, cannot confirm accuracy of the above however depending on what margin they have, this thing looks real cheap.
OXR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held